In this issue

March 19, 2020

YES Bank Gets ₹60k-cr Line Of Credit From RBI

The Reserve Bank of India (RBI)has extended a credit line of ₹60,000 crore to YES Bank to ensure that the bank is able to meet its obligations to depositors as it resumed its full-service operations on Wednesday, according to sources familiar with the development.

5 mins

5 Large Hospitals Dedicated To COVID-19 On Cards

Coronavirus cases in India continue to grow and the rapid screening method is likely to only increase the number of suspect COVID-19-positive cases in the country. India is yet to enter stage 3 (or community transmission) of the pandemic, but the government is gearing up for all possible adversities.

3 mins

People catch ‘hoarding bug' on lockdown fears

“It is a good idea to buy for a month. No one knows what will happen tomorrow — whether grocery will be available at all or at what prices they will be sold,” says Sumit Samaddar, a resident of south Kolkata.

4 mins

‘There will be a vaccine, likely by 2020-end'

Serum Institute of India recently partnered Codagenix, a US-based biotech drug research company, to develop a coronavirus disease (COVID-19) vaccine. Its Founder-Director ZAVARAYPOONAWALLA tells Pavan Lall that India’s social containment of the pandemic so far has been good. Edited excerpts:

2 mins

MoD okays largest ‘Make in India' order for 83 Tejas Mark 1As

The ministry of defence (MoD) cleared an order on Wednesday for 83 Tejas fighters in an enhanced, more capable configuration, called the Tejas Mark 1A.

2 mins

ITC to offer85% of profit as dividend in medium term

Final dividend may include special dividend as recommended by the board

2 mins

PepsiCo, Ceat, Hero spin the gender track

With women cricketers as endorsers, some brands are breaking the stereotype; but there is still a long way to go, say experts

3 mins

Go Contactless During A Crisis

Having some cash is a necessity, but diversify your digital payment options

3 mins

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